Jed Horowitz

Displaying 171 results
NEWS INDUSTRY NEWS JUN 25, 2010
DOL probes Geller for ERISA violations

The Labor Department is investigating Geller Group LLC for failing to disclose alleged ties to an accounting firm it recommended as an auditor, according to former employees and others close to the investigation.

NEWS RIAS JUN 25, 2010
Geller Group under investigation by Labor Department

The Labor Department is investigating Geller Group LLC, a retirement plan administrator and registered investment adviser, for failing to disclose alleged ties to an accounting firm it recommended as an auditor and for other possible violations, according to former employees and others close to the investigation.

INVESTING ETFS JUN 14, 2010
Price war heats up as Schwab lowers stock and ETF commission to $8.95

The Charles Schwab Corp. — in a bid to attract more trades from customers who use deep-discount brokerages — plans to lower its commissions on all online stock and non-Schwab ETF transactions to $8.95 per trade.

NEWS RIAS JUN 13, 2010
Rough exit ahead for wealth managers, study contends

All but 7% of the nation's 20,000 wealth management firms won't extract significant value from their business when their owners retire, because most do not have a sustainable profit model, a new report contends.

NEWS INDUSTRY NEWS JUN 11, 2010
Schwab offers revenue sharing to get hybrid assets

RETIREMENT RETIREMENT PLANNING JUN 08, 2010
Boston Private CEO Vaill to leave this year

Mr. Vaill, who joined Boston Private in 1993, oversaw an acquisition-triggered expansion into the wealth management, asset management and private-banking sectors through much of his tenure

NEWS INDUSTRY NEWS MAY 27, 2010
UBS to clients: Sell stocks and junk, raise cash

They're not “outright bearish,” but strategists at UBS AG's Wealth Management Americas unit are recommending a more cautious allocation of client assets

NEWS INDUSTRY NEWS MAY 26, 2010
Boston Private taps McKinsey partner as its new CEO

Mr. Deutsch won't assume Mr. Vaill's position as chairman, which will be handed to a non-executive member of the company's board on July 31.

NEWS RIAS MAY 23, 2010
WealthTrust founder relinquishes CEO post

Rush “Rusty” Benton, who founded WealthTrust LLC in 1997 to buy majority stakes in independent wealth management firms, is stepping down as chief executive of the company and will assume the new role of chairman, he said Thursday.

NEWS RIAS MAY 23, 2010
Pair of RIA founders forced out as roll-up firms feel pressure

On consecutive Fridays this month, the founders of two independent wealth management firms that sold majority interests to parent consolidator firms were forced from their jobs.